Farmland prices, on average, were up 12.4 per cent and 10.1 per cent in Manitoba and Canada, respectively, says Farm Credit Canada’s chief economist J.P. Gervais. The annual rise in farmland values is slowing, but still expected to be positive in 2016 so long farm cash receipts remain stable.

Manitoba, Canadian farmland values up again in 2015

Farm Credit Canada says the annual percentage increase in farmland values is getting smaller

Manitoba farmland values led the way with the highest average percentage increase in Canada last year, says Farm Credit Canada (FCC). But the pace of increases the last few years here and across Canada is slowing in step with the plateauing of farm cash receipts, and slower drop in interest rates, J.P. Gervais, FCC’s chief […] Read more

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Six numbers in agriculture to make you stop and think

It isn’t as quiet as you might think on the home front. Yes, today’s farms seem stable, but the next evolutionary wave is gaining energy

In 2009, total Canadian net farm income was $2.8 billion. Four years later, it was $10 billion more, with Statistics Canada’s saying a $5.6-billion rise in the total value of farm-owned inventories from the year before accounted for almost all of the increase in total net income in 2013 That inventory increase came from a […] Read more


aerial view of farmland

High land prices hurt new farmers

Price increases may be slowing, but it’s a tough time for farmers to buy land


Western Canadian farmland has never been more expensive. According to J.P. Gervais, the chief economist for Farm Credit Canada (FCC), which provides data at the national level for Statistics Canada, farmland values continued to increase throughout 2014. “In a few months the report will be released, but we know that farmland values have continued to increase throughout […] Read more

Farmland prices and net farm income

Record high land prices are still making the news in Saskatchewan. Will things be different this time?

Coffee shops and bars have been buzzing for a couple of years now with new record highs for farmland prices and cash rents. This is what you hear: “Farmland is a superb investment and we must get in on the action. Farmland will continue to increase in value — they aren’t making any more of […] Read more